Guaranteed Issue Plans Life Insurance

kellyjames

New Member
17
We have a client that is requesting life insurance for $300,000. She is 62 and she had a heart attack in January and stroke last month. What companies offer Guaranteed Issue Plans and what is the max amount they do? I heard
Presidential Life does these plans. Any help would be appreciated.
 
We have a client that is requesting life insurance for $300,000. She is 62 and she had a heart attack in January and stroke last month. What companies offer Guaranteed Issue Plans and what is the max amount they do? I heard Presidential Life does these plans. Any help would be appreciated.


Most GI plans cap at $10,000 or $25,000. Presidential went out of business a while back. Everyone wants to buy fire insurance after their house burnt down. Your job is to bring her back to reality. She should get a small policy now. If she gets healthy for 2-to 5 years you can look for larger amount then.
 
You would have to sell about 10 different guaranteed issue companies to get your client that much coverage

If shes working 20 hours a week or more , I have a guaranteed issue plan that can get her 100,000, but not 300,000
 
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